SAExploration Holdings Inc (NASDAQ:SAEX) saw unusually-high trading volume on Monday . Approximately 1,007,312 shares changed hands during trading, a decline of 2% from the previous session’s volume of 1,029,792 shares.The stock last traded at $4.15 and had previously closed at $3.86.

The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 5.57.

In related news, major shareholder Whitebox Advisors Llc acquired 55,378 shares of the company’s stock in a transaction dated Thursday, March 28th. The shares were purchased at an average cost of $3.33 per share, with a total value of $184,408.74. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.39% of the stock is owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. Dupont Capital Management Corp grew its holdings in shares of SAExploration by 609.3% during the fourth quarter. Dupont Capital Management Corp now owns 583,314 shares of the oil and gas company’s stock valued at $1,091,000 after buying an additional 501,075 shares during the last quarter. Creative Planning grew its holdings in shares of SAExploration by 1.8% during the fourth quarter. Creative Planning now owns 3,188,257 shares of the oil and gas company’s stock valued at $1,687,000 after buying an additional 56,617 shares during the last quarter. Finally, Highbridge Capital Management LLC grew its holdings in shares of SAExploration by 210.0% during the fourth quarter. Highbridge Capital Management LLC now owns 300,917 shares of the oil and gas company’s stock valued at $563,000 after buying an additional 203,852 shares during the last quarter. 34.40% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: “SAExploration (SAEX) Sees Unusually-High Trading Volume” was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this story on another site, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this story can be read at https://www.watchlistnews.com/saexploration-saex-sees-unusually-high-trading-volume/2981602.html.

About SAExploration (NASDAQ:SAEX)

SAExploration Holdings, Inc, an oilfield services company, provides seismic data acquisition and logistical support services in Alaska, Canada, South America, West Africa, and Southeast Asia. Its seismic data acquisition services include program design, planning and permitting, camp service, survey, drilling, recording, reclamation, and in-field data processing.

See Also: Trading signals using Bollinger bands

Receive News & Ratings for SAExploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAExploration and related companies with MarketBeat.com's FREE daily email newsletter.